Cattle & Hog Wholesaling in the US - Industry Market Research Report

Cattle & Hog Wholesaling in the US - Industry Market Research Report

  • July 2021 •
  • 42 pages •
  • Report ID: 286514 •
  • Format: PDF
A new breed: As the overall economy recovers from the pandemic, industry revenue is anticipated to increase


Cattle & Hog Wholesaling in the US
The Cattle and Hog Wholesaling industry operates between the upstream animal production and downstream animal processing industries. Industry operators purchase cattle and hogs from upstream livestock producers, the cost of which is primarily influenced by feed prices. Industry performance is largely driven by fluctuations in the price of red meat, which has declined over the five years to 2021, and per capita meat consumption, which has increased during the same five-year period. However, rising per capita meat consumption is not expected to significantly boost industry revenue growth. Overall, this industry reflects the Wholesale Trade sector (IBISWorld report 42) at large. Not only have lower red meat prices hindered industry revenue growth, but as more companies at the production and processing level vertically integrate to carry out their own wholesale functions, industry revenue will be negatively affected. Over the five years to 2026, the Cattle and Hog Wholesaling industry is expected to grow marginally, mainly due to the economic recovery from the COVID-19 (coronavirus) pandemic. However, further projected stagnation in the price of red meat and per capita meat consumption demonstrates that demand for industry products will be largely unchanged.

Establishments in this industry primarily wholesale livestock. Cattle, swine, sheep and goats are included, but horses and mules are excluded. Wholesalers may purchase livestock from feedlots, breeders or other ranchers and then sell to slaughterhouses, other feedlots and breeders and livestock buyers.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

We are very sorry, but an error occurred.
Please contact [email protected] if the problem remains.